All City & finance articles – Page 273
-
NewsNew Look profits tumble as like-for-likes slide in first quarter
New Look said profits and like-for-likes fell in the run-up to the EU referendum “with unfavourable market conditions impacting high street footfall”.
-
NewsScS like-for-like orders jump as strong growth continues post-Brexit vote
ScS has reported increased full-year like-for-like sales as the retailer’s profit expectations remained unchanged despite the Brexit result.
-
NewsEvans Cycles profits plunge as 'softer' market punctures performance
Evans Cycles has suffered a 69.4% slump in pre-tax profits after a “softer” cycling market affected its full-year performance.
-
NewsWalmart will acquire Jet.com for $3bn as it targets 'faster' online growth
Walmart has agreed to acquire online retailer Jet.com for around $3bn (£2.25bn) as the US titan seeks to bolster its ecommerce proposition.
-
NewsSir Philip Green and sale of BHS discussed by Serious Fraud Office
The Serious Fraud Office (SFO) has met with Frank Field MP to discuss the sale of BHS and the conduct of Sir Philip Green.
-
NewsYoox Net-a-Porter dodges luxury slowdown as first-half profits climb
Yoox Net-a-Porter reported a surge in its half-year profits and sales as rising customer numbers offset a decline in average order value.
-
NewsAgenda: DFS posts full-year results and July's retail sales figures
Retail Week looks ahead to the next seven days with a full-year update from DFS and the latest retail sales figures from July on the agenda.
-
AnalysisAnalysis: What does the interest rate cut mean for retailers?
The Bank of England has cut interest rates to a record low of 0.25% – the first time in seven years that it has resorted to a reduction.
-
VideoSweet Dreams: Boss Mike Logue on company culture and communication
Dreams boss Mike Logue saved the company after it fell into administration in 2013. Here he identifies how knowing your colleagues is critical.
-
NewsWalmart eyes bid for Jet.com as it accelerates online ambitions
Walmart is mulling a move to acquire online retailer Jet.com as the US titan seeks to bolster its ecommerce proposition.
-
NewsGame full-year sales slump in the UK amid 'challenging' market
Game is expecting to post a drop in full-year sales after its retail sales in the UK fell 12.7% amid a “challenging trading environment”.
-
NewsNext warns of cost price increases in 2017 as second quarter sales edge up
Next’s sales rose 1.8% in its second quarter but the retailer has warned that the falling value of the pound is likely to affect the cost of buying goods.
-
NewsTravis Perkins’ retail division posts increased like-for-likes
Wickes owner Travis Perkins has posted a rise in like-for-likes for its first half, with current trading recovering following the EU referendum.
-
OpinionOpinion: DFS goes for gold amid big-ticket sector uncertainty
As doom and gloom continue to swirl post-Brexit, DFS can allay fears about consumer confidence and big ticket purchases.
-
OpinionOpinion: Will policy-makers come to the rescue post-Brexit?
With the economic outlook having deteriorated since the referendum, it is no surprise that expectation of action by policy-makers has grown.
-
NewsBHS: War of words escalates between 'evil' Sir Philip Green and Frank Field
Sir Philip Green has warned MP Frank Field that his scathing media attacks are putting a rescue plan for BHS pensioners at risk.
-
NewsIndian etailer Koovs' losses widen despite sales jump
Koovs’ full-year losses have widened, despite rising sales, with operating costs soaring as its continued to target India’s fashion market.
-
NewsAgenda: Updates from Next, Pets at Home and Travis Perkins
Retail Week looks to the next seven days with updates from Next, Pets at Home and Wickes owner Travis Perkins all on the agenda.
-
NewsSports Direct begins £90m share buyback and plans more
Sports Direct has begun the process of buying back nearly £90m worth of its own shares, and has plans to purchase more in the future.
-
NewsBonmarché blames like-for-like sales slump on bad weather
Bonmarché reported drops in like-for-like and overall sales, which the fashion retailer attributed to poor weather impacting summer trading.